3 ms·
You are alluding to PoS i assume. I never really understood that argument. How is wealth getting concentrated when the relative distribution of coins stays exac
by Paradigma11 5y ago
You are alluding to PoS i assume. I never really understood that argument. How is wealth getting concentrated when the relative distribution of coins stays exactly the same?
- tromp 5y agoBecause that relative distribution that is unchanged by staking is concentrated to begin with.
- Paradigma11 5y agoBut if those owners want to do anything with that capital they have to sell coins leading to more distribution. Plus you also have to pay taxes on staking income leading to more sales. But yes those shennanigans of many chain founders are certainly a problem.